• To enhance our relationships with different regions, and to gain a better, multicultural understanding to the ways in which issues such as collaboration, technology commercialization, innovation, and entrepreneurship are viewed around the world, Global CONNECT is assembling a cadre of volunteers, or Advisors.• These Advisors will serve as a “brain trust’ who can lend us insight into important social and cultural dynamics.• The Advisors may also facilitate relationship building between Global CONNECT and important stakeholders, as well as participate in some of our activities. Kanetaka Maki University of California, San Diego 9500 Gilman Dr. #0553, La Jolla, CA 92093-0553, USA kanetaka@kanetaka-maki.org Phone: (858) 352-7937 http://www.kanetaka-maki.org/ 23

• We are a networking group in San Diego, which aims to accelerate and promote innovation and entrepreneurship in Japan.• We connect following diverged groups: 1. Japan and San Diego 2. Scientists, engineers and business professionals 3. Youth, professional, and senior mentors• We are hosting networking event few times a year. Kanetaka Maki University of California, San Diego 9500 Gilman Dr. #0553, La Jolla, CA 92093-0553, USA kanetaka@kanetaka-maki.org Phone: (858) 352-7937 http://www.kanetaka-maki.org/ 24

A taste for science?Recent research on industrial and academic science draws on the notion thatacademically trained scientists have a strong “taste for science”. However, littleattention has been paid to potential heterogeneity in researchers’ taste forscience and to potential selection effects into careers in industry versusacademia. Using survey data from over 400 science and engineering PhDstudents, we examine the extent to which PhD students’ taste for science (e.g.,desire for independence, publishing, peer recognition, and interest in basicresearch) and other individual characteristics predict preferences for researchcareers in industry versus academia. Our results suggest that PhD students whoprefer industrial employment show a weaker “taste for science”, a greaterconcern for salary and access to resources, and a stronger interest indownstream work compared to PhD students who prefer an academic career.Our findings have important implications for innovation research as well as formanagers and policy makers. Roach, M. and H. Sauermann, A taste for science? PhD scientists’ academic orientation and self-selection into research careers in industry. Research Policy, 2010. 39(3): p. 422-434. Kanetaka Maki University of California, San Diego 9500 Gilman Dr. #0553, La Jolla, CA 92093-0553, USA kanetaka@kanetaka-maki.org Phone: (858) 352-7937 http://www.kanetaka-maki.org/ 45

Roach, M. and H. Sauermann, A taste for science? PhD scientists’ A Taste of Science? academic orientation and self-selection into research careers in industry. Research Policy, 2010. 39(3): p. 422-434. Established firm • “Inability to pursue an interesting project if money leads the company elsewhere”. • “Just another nameless face, routine, boredom”. • “Restriction of projects and/or limited chance to share/publish”. • “The inability to work with everyone and following the chains of command”. • “Not being awarded respect for my time and personal life”. UniversityStartup firm • “The constant struggle and competition to get funding”.• “High probability of tension and frustration due to • “Pressure to publish; colleagues overly concerned withunstable environment (many scientists are NOT prestige”.good at starting up businesses!)”. • “Lack of support for components of career other than• “Questions about long-term viability of the firm”. research, the publication or perish problem”.• “Low job security, potentially low salary”. • “Professors are AWFUL managers and don’t try to• “May have to wear many hats rather than have improve”.specific responsibilities”. • “Too much management involved: you are the team• “Not having prestige of established firm” leader, instead of the researcher”. Kanetaka Maki University of California, San Diego 9500 Gilman Dr. #0553, La Jolla, CA 92093-0553, USA kanetaka@kanetaka-maki.org Phone: (858) 352-7937 http://www.kanetaka-maki.org/ 46

Industry or Academia, Basic or Applied?We extend life cycle models of human capital investments by incorporatingmatching theory to examine the sorting pattern of heterogeneous scientists intodifferent career trajectories. We link differences in physical capital investmentsand complementarities between basic and applied scientists across industry andacademic settings to individual differences in scientist ability and preferences topredict an equilibrium matching of scientists to careers and to their earningsevolution. Our empirical analysis, using the National Science Foundation’sScientists and Engineers Statistical Data System database, is consistent withtheoretical predictions of (i) sorting by ability into basic versus applied scienceamong academic scientists, but not among industry scientists; and (ii) sorting byhigher taste for nonmonetary returns into academia over industry. The evolutionof an earnings profile is consistent with these sorting patterns: the earningstrajectories of basic and applied scientists are distinct from each other inacademia but are similar in industry. Agarwal, R. and A. Ohyama, Industry or Academia, Basic or Applied? Career Choices and Earnings Trajectories of Scientists. Management Science, 2012. Kanetaka Maki University of California, San Diego 9500 Gilman Dr. #0553, La Jolla, CA 92093-0553, USA kanetaka@kanetaka-maki.org Phone: (858) 352-7937 http://www.kanetaka-maki.org/ 47